hey aurelius, you're ok dude!!
I recall in the not too distant past saying on here that BHP would be sub $30 and the XJO would go under 5000 - yourself, and several others, laughed very heartily, and some said that it would 'never happen' - impossible.
umm, errr .. well ...
the markets always go to extremes.
i told an 'advisor' in march that we'd see the bottom soon, I said that at 'the bottom of march', i've since recanted my comment with this person saying I think we'll see lower lows later in the year. this same 'advisor' laughed at me when I said the aussie index would never reach 7000, again, i was totally laughed at and told it would go there and much beyond.
tell me .. why is it these 'licensed, educated, advisors' seem to have NFI of whats going on around them. They are all really really very good at telling you what just happend and why it happend, but seem totally clueless at having any idea of what is 'happening' or what is 'going to happen' - to embarrass them even further, I based my ideas on the economy 18 months ago on a grade 11 economics education!!
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